Sony Music is up: company reports $1.8 billion increase in quarterly revenue Sony Music reported a 54% increase in revenue for recorded music, showing $1.82 billion in their first-quarter earnings.
US recorded music revenue grew 9.2% in 2020, eclipses $12 billion The RIAA reports music streaming is far and away the largest driver of the recorded music industry's steady growth.
Spotify announces 22% increase in revenue during Q1 of 2020, 130 million subscribers Revenue up, ad sales down.
SoundCloud exceeds $200 million in annual revenue for the first time SoundCloud has doubled its annual gross revenue over two years to $200 million.
U.S. music industry postures to make over $10 billion in revenue in 2019 This year the music industry is expected to breach $10 billion for the first time since 2007, according to a mid-year revenue report from…
Streaming services now account for 75% of music industry revenue Streaming services took home the biggest slice of the record industry pie in 2018, according to a new report from the RIAA.
The music industry made $43 billion in 2017, but artists only took away 12% of it It's a hard-knock life for musicians, who drive their industry in the first place.
Spotify now boasts 83 million subscribers, reports second quarter loss New numbers show Spotify's ups and downs since going public earlier this year.
Bitcoin technology could change the streaming industry forever A handful of new startups aim to apply Bitcoin's blockchain technology to music metadata ensures artists are paid royalties from even unauthorized streams.
SoundCloud’s annual revenue up 43% to nearly $28 million According to data shared with'Digital Music News, SoundCloud's annual revenue is up 43% compared to last year
